Proceedings.

Bonify Holdings Corporation

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act (“BIA”)
File
21-2765264
Filings held9
Last activity29 Sep 2021
On the record1,838 days
Secured debtSubscribers
OverviewSummary updated

Bonify Holdings Corporation is the subject of insolvency proceedings in Manitoba, with one secured creditor and 50 unsecured creditors holding claims against it.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

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Case updates9 dated entries
#Report

The officer filed report no. Report of the Trustee on Preliminary Administration for the First Meeting of Creditors. BHC, a former licensed cannabis producer, wound down operations prior to bankruptcy, disposing of all cannabis and biological assets and terminating employees; the Trustee has taken possession of the sole remaining asset, the land and buildings on Jarvis Avenue, and is seeking proposals from commercial real estate agents to arrange a sale. Court file 21-2765264.

Source: BHC Report for First Creditor Meeting

6 earlier updates, back to 9 September 2021 subscribers.

Parties

Debtor

Bonify Holdings Corporation

Trustee in bankruptcy

EY

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredThe Assiniboine Credit Union LimitedFrom Listing of Creditors with claims in excess of $25 — debtor: Bonify Holdings Corporation$13.8MPackage mailed to creditors

50 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedBHC Report for First Creditor Meeting · 28 Sep 2021

ClassCreditorClaimsRecoveryBasisSource
Securedsecured creditors (ACU)The Assiniboine Credit Union LimitedshortfallEstimatedper the trusteeBHC Report for First Creditor Meeting · 28 Sep 2021
Unsecuredno distributionEstimatedper the trusteeBHC Report for First Creditor Meeting · 28 Sep 2021

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

1 stated figure across 2 outcomes, each sourced

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Estate financialsReported figures — never derived

Cash on hand

$300

As at 28 Sep 2021BHC Report for First Creditor Meeting

Documents
9 filings
DateDocumentFile
Meeting minutes - first meeting of creditors - 28 Sep 2021
PDF · Subscribers
BHC Report for First Creditor Meeting
  • Appointee Ernst & Young Inc.
  • Appointee role trustee in bankruptcy
  • Commencement date 9 September 2021
  • Cash on hand Subscribers
  • + 11 more extracted facts
PDF · Subscribers
Certificate of Appointment from the Office of the Superintendent of Bankruptcy Canada
  • Appointee ERNST & YOUNG INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 9 September 2021
  • Court file no 21-2765264
  • + 1 more extracted fact
PDF · Subscribers
Checklist for Proofs of ClaimPDF · Subscribers
Example of a completed Proof of Claim formPDF · Subscribers
Example of a completed Proxy FormPDF · Subscribers
Package mailed to creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Proof of Claim FormPDF · Subscribers
Proxy FormPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Bonify Holdings Corporation” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/bonify-holdings-corporation

Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/bonify-holdings-corporation

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.